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Spectrum auctions, spectrum liberalization and the incomplete triumph of Coase

513 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

90%
  • 11:16 / 12:28

Speech Rate:

  • 172 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

simplified

/ˈsimpləˌfī/

verb

To make something easier to do, use or understand.

allocated

/ˈaləˌkāt/

verb

distribute resources or duties for particular purpose.

connect

/kəˈnekt/

verb

To transfer from one part of a trip to another.

illustrated

/ˈiləˌstrādəd/

adjective verb

containing pictures or other graphical material. To be an example that explains or proves something.

spectrum

/ˈspektrəm/

noun

The wavelengths of colors from red to violet.

certain

/ˈsərtn/

adjective pronoun

Being sure about something; without doubt. some.

current

/ˈkərənt/

adjective noun

Happening or being in the present time. Electricity flowing through wires.

rational

/ˈraSH(ə)n(ə)l/

adjective noun

based on or in accordance with reason or logic. rational number.

determined

/dəˈtərmənd/

adjective verb

Strongly wishing to do/get what you want. To establish the facts about; discover.

electromagnetic

/əˌlektrōmaɡˈnetik/

adjective

relating to interrelation of electric currents or fields and magnetic fields.

penetrate

/ˈpenəˌtrāt/

verb

To gain a market in a new area or country.

allowed

/əˈlou/

verb

To admit the validity or truth of something.

banding

/ˈbandiNG/

adjective noun verb

Identified with a stripe of material. presence or formation of coloured stripes. To come together to work on a project.

important

/imˈpôrtnt/

adjective

Having power or authority.

although

/ôlˈT͟Hō/

conjunction

in spite of fact that.

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